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The Hidden Mystery Behind World Market Onion

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The darknet – a wild west for fake coronavirus ‘cures ‘? The stark reality is more difficult (and regulated)

The coronavirus pandemic has spawned reports of unregulated health products and fake cures being sold on the dark web. These include black market PPE, illicit medications like the widely touted “miracle” drug chloroquine, and fake COVID-19 “cures” including blood supposedly from recovered coronavirus patients.

These dealings have once again focused public attention with this little-understood element of the internet. Nearly a decade since it started being used on a substantial scale, the dark web continues to be a lucrative safe haven for traders in a range of illegal goods and services, especially illicit drugs.

Black market trading on the dark web is carried out primarily through darknet marketplaces or cryptomarkets. They’re anonymised trading platforms that directly connect buyers and sellers of a variety of illegal goods and services – much like legitimate trading websites such as for example eBay.

So how do darknet marketplaces work? And simply how much illegal trading of COVID-19-related products is happening via these online spaces?

Not really a free-for-all

There are currently more than a dozen darknet marketplaces in operation. Protected by powerful encryption technology, authorities around the world have largely didn’t contain their growth. A steadily increasing proportion of illicit drug users around the world market – https://wikiviet.org/index.php/Th%C3%A0nh_vi%C3%AAn:RudolphSpowers report sourcing their drugs online. In Australia, we have among the world’s highest concentrations of darknet drug vendors per capita.

Unlike popular belief, cryptomarkets are not the “lawless spaces” they’re often presented as in the news. Market prohibitions exist on all mainstream cryptomarkets. Universally prohibited goods and services include: hitman services, trafficked human organs and snuff movies.

Although cryptomarkets lie away from realm of state regulation, each one is set up and maintained by a central administrator who, along with employees or associates, is responsible for the market’s security, dispute resolution between buyers and sellers, and the charging of commissions on transactions.

Administrators are also ultimately accountable for determining so what can and can’t be sold on their cryptomarket. These decisions are most likely informed by:

the attitudes of the surrounding community comprising buyers and sellers
the extent of consumer demand and supply for several products
the revenues a site makes from commissions charged on transactions
and the perceived “heat” that may be attracted from law enforcement in the trading of particularly dangerous illegal goods and services.

Experts delve into the dark web

A report from the Australian National University published a week ago discusses several hundred coronavirus-related products available across several cryptomarkets, including supposed vaccines and antidotes.

While the analysis confirms some unscrupulous dark web traders are indeed exploiting the pandemic and seeking to defraud naïve customers, these records must certanly be contextualised with a couple of important caveats.

Firstly, how many dodgy covid-related products available on the dark web is relatively small. According to this research, they take into account about 0.2% of listed items. The overwhelming most of products were those we’re already familiar with – particularly illicit drugs such as for instance cannabis and MDMA.

Also, while the study centered on products listed for sale, these are most likely listings for products that either do no exist or are listed with the precise intention to defraud a customer.

Thus, the actual sale of fake coronavirus “cures” on the dark web is likely minimal, at best.

 

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